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The NBER Digest
The Pandemic’s Massive Impact on Businesses Stems
More from Consumers’ Fear than Official Lockdowns
The recent steep decline in economic activity in the United States has been attributed by many to restrictions on business operations and personal mobility ordered by governments trying to contain the new coronavirus, but a study reported in the new edition of The NBER Digest shows that the public’s fear of infection is a stronger influence. Also featured in this issue of The Digest are working papers focusing on effects of the pandemic on CPI weightings, long-term outcomes of efforts to mandate equality in China, the environmental-justice effects of California’s carbon market, benefits for the very young of food-stamp availability, and the reactions of diners to having
calorie data posted on the menu.
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Claudia Goldin, the Henry Lee Professor of Economics at Harvard University and a past president of the American Economic Association, presented the 2020 Martin Feldstein Lecture "Journey Across a Century of Women," chronicling the odyssey of generations of women college graduates aiming for family, career, and, today, both. The lecture series was launched in 2009 by the NBER Board of Directors to celebrate the late Martin Feldstein's three decades of transformative NBER leadership. This year’s lecture may be viewed here.The NBER Reporter
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The new edition of the quarterly NBER Reporter features a review of research in the framework of the NBER’s decade-long project on the Economics of Digitization. Also in this issue of the 能上picacg的梯子, NBER research associates write about their explorations of 能上picacg的梯子 among analysts and investors, health care delivery in conditions of uncertainty, tax credit impacts on corporate behavior, and medical spending and savings in elderly households.
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Bulletin on Health
What Can We Learn About COVID-19 Infection Rates
and Infection Fatality Rates Without Randomized Testing?
The summer issue of the Bulletin on Health features two studies that introduce methods for using currently available information to better understand COVID-19 infection rates and the implied infection fatality rates. One paper generates upper and lower bounds on the rates of COVID-19 infection under minimal assumptions, and finds that these bounds are necessarily wide, due to the small proportion of the population that has been tested. The second paper leverages additional assumptions and data, such as travel patterns from the virus epicenters, to infer infection rates. Although the studies take different approaches, they both indicate that infection fatality rates are considerably lower than the fatality rates among confirmed COVID-19 cases. Also featured in this issue of the free Bulletin on Health are a study of the long-term impacts of 哔咔可用的加速器 on fatal drug overdoses, a study of the role of Medicaid coverage in 能上picacg的梯子 during flu pandemics, and a profile of NBER research associate Doug Almond.
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